Foundations - Sioux Falls Development Foundation

Foundations
2015 Sioux Falls
Economic Development Progress Report
From your Chairman
This has been a year of
laying foundations for a brighter future.
Scott Lawrence
Our organization exists for the purpose of building for the future. But seldom in
the sixty year history of the Sioux Falls Development Foundation have so many
innovative foundations been laid to facilitate the future growth of our regional economy. In addition to
participating in another record year of growth in Sioux Falls during 2015—our third record-setting year in
a row—the Development Foundation pursued a wide range of new initiatives.
Economic development succeeds through partnership, as local government, businesses and development
organizations work together toward the goal of prosperity. This year, the Development Foundation forged
new partnerships, working with SAB Biotherapeutics on strengthening a vital and growing industry for our
community. We also partnered with the Technology Business Center, Forward Sioux Falls and the University
of South Dakota on the USD Discovery District, an opportunity zone sharing a campus with the Graduate
Education and Applied Research Center near University Center. These high tech connections will play a
critical role in the technology future of Sioux Falls. Near the Discovery District is Campus Crossing, the
Development Foundation’s exciting new commercial area for northwest Sioux Falls and home to a new
Walmart store.
Perhaps the most dramatic and forward-looking strategy for our organization this year was the
announcement of Foundation Park, the state’s first economic development megasite. Created in
partnership with the Governor’s Office of Economic Development, the City of Sioux Falls and Forward
Sioux Falls, the 820 acre development lies at the intersection of Interstates 90 and 29. With the potential
to create thousands of new jobs and millions in new capital investment, Foundation Park is the largest
investment the Development Foundation has ever made in the future of Sioux Falls. We think it’s also one
of the best investments we’ve ever made.
We’ve only begun the process of laying foundations for the future. This past year has been a vivid
example of what partnership, innovation and community spirit can do. Here in Sioux Falls, the excitement
is building!
200 N. Phillips Ave. #101
P.O. Box 907
Sioux Falls, SD 57101
Page 2
Our mission: To be the leader in creating
Foundation Park is
South Dakota’s First Megasite
2015
Board of Directors
Scott Lawrence, Lawrence & Schiller,
Chairman
Dale Froehlich, Prairie Winds Capital,
Vice Chairman
Dr. Charles “Pat” O’Brien, Sanford Health,
Secretary *
James Soukup, Soukup Construction, Inc.,
Treasurer *
From left to right, Pat Costello, Scott Lawrence, Mayor Mike Huether, Slater Barr,
Governor Dennis Daugaard and Dave Rozenboom at the announcement
celebration of Foundation Park, June 2, 2015.
World-class businesses are looking for world-class sites—
and the Sioux Falls Development Foundation announced the
creation of the state’s first industrial development megasite:
Foundation Park in northwest Sioux Falls. Created in partnership
with the Governor’s Office of Economic Development, the City of
Sioux Falls and Forward Sioux Falls, the 820 acre Foundation
Park lies at the intersection of Interstates 90 and 29. Within
minutes of the Sioux Falls Regional Airport and fully served by
the BNSF railroad, the new development park is at a regional
transportation crossroads. Foundation Park’s size allows for
maximum economic advantage by spreading infrastructure
development costs over a large footprint. Phase I of the
development is zoned for larger projects, many requiring rail
service, while Phase II is reserved for a single mega-project.
W. Tom Simmons, Midcontinent
Communications, Past Chairman *
James Abbott, University of South Dakota
Burke Blackman, Egger Steel Company *
Rob Everist, L.G. Everist, Inc.
Pam Hanneman, First PREMIER Bank
Paul Hanson, Sanford USD Medical Center
Dr. Pam Homan, Augustana University
Mike Jamison, TSP Inc. *
Craig Johnson, University Center
Tom Kelley, Gage Brothers Concrete
Products Inc.
Ben Kyte, Citi
Ross Ortman, Dakota Digital, Inc. *
Jay Rasmussen, Journey Group Companies
Mark Schmitt, John Morrell & Co.
Steve Statz, Avera
Colleen Stratton, PREMIER Bankcard
Jim Wilcox, Xcel Energy
Sioux Empire Development Parks, Campus
Crossing & Foundation Park Statistics
Number of Businesses . . . . . . . . . . . . . . . . . . . . . . . . . . 140
Total Acreage . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2,171
Sioux Empire Development Park VIII received the
Governor’s Office of Economic Development
Certified Ready Sites designation.
quality economic growth in the region.
* Denotes Retiring Board Member
Ex-Officio Members:
Dick Kelly, Commissioner, Minnehaha County
Darrin Smith, City of Sioux Falls
Page 3
2015 at a Glance
Year to Date (January-October)
2015 National Marketing
Outreach
1 National trade show attended
2 C-Suite conferences
Total Value of Construction . . . . . . . . . . . . . . . . . . . . . $616,285,090
Number of Building Permits . . . . . . . . . . . . . . . . . . . . . . . . . . 11,289
Capital Investment . . . . . . . . . . . . . . . . . . . . . . . . . . . . $380,000,000
Jobs Created (January-September) . . . . . . . . . . . . . . . . . . . 2,200
Auto tech and diesel programs facility under
construction at Southeast Technical Institute.
Lead Generation
1,534 Companies contacted
411 Decision makers reached
32 Conference calls with executives
12 Face-to-face meetings
Building Relationships
10 Site selectors hosted
1 Site selector luncheon
1 Sioux Falls FAM Tour
17 Companies
reached during
a Twin Cities economic
development blitz
Development Foundation invests
in SAB Biotherapeutics
The Sioux Falls Development Foundation announced a
$3 million equity investment that will help Sioux Falls-based SAB
Biotherapeutics grow its unique disease-fighting platform.
SAB Biotherapeutics, Inc. is a biopharmaceutical company
on the leading edge of innovation, developing natural technologies
that have the potential to transform the treatment and prevention
of diseases from cancer to Ebola, and diabetes to influenza.
The equity position in SAB has the potential to provide future
funding for the Development Foundation to continue its work in
developing available sites, aiding the expansion of existing Sioux
Falls regional companies and attracting new industry to the area.
The Development Foundation’s investment was facilitated by
a State of South Dakota Future Fund grant intended to support
and encourage development of the state’s biotechnology sector.
Third-Party Endorsements
301
million
impressions - earned
$1,283,000
advertising equivalency - earned
62.8
million
impressions - organic
$490,000
advertising equivalency - organic
Page 4
GOED Commissioner Pat Costello, Development Foundation President Slater
Barr and SAB CEO Dr. Eddie Sullivan jointly announced the investment in SAB.
South Dakota Technology Business
Center 2015 Highlights
Rendering of the 80-acre USD Discovery District.
USD Discovery District offers new
strategy for educational success
The University of South Dakota Discovery District
moved into the implementation phase this year, as
stakeholders including the South Dakota Board of Regents,
the University of South Dakota, the City of Sioux Falls,
Forward Sioux Falls, the Sioux Falls Area Chamber of
Commerce and the Sioux Falls Development Foundation
look to a new strategy for building the future.
The Discovery District has the potential to be a
platform for bringing together a strong cross-section
of the great research and commercial opportunities in
South Dakota from around the world. The campus is a
model for global innovation and long-term investment in
the future of the region.
The first phase of road and utility infrastructure has
been designed, and construction of the 2,039 linear feet
of street and utilities is underway. Currently, a feasibility
study is being conducted for the first potential new building.
A need for pharmaceutical and biologic production space
was identified during the master planning process. The
feasibility study will evaluate the requirements of potential
tenants, model a facility design and construction costs
and recommend strategies for developing and operating
a facility.
The South Dakota Technology Business Center
serves as the resource helping innovators and
entrepreneurs as they launch, grow and expand their
companies in Sioux Falls. New SDTBC clients during the
past twelve months include: SynZyme/Nanoblood,
Cloudcast, Nexus Smart Pay, My Advantage Link, Open
Fields Recruiting, SGT, Johnke Farm Soy Candles and
REMUDA Communications.
The Center’s graduates increased to 24 companies
with Peppermint Clean Energy and Locals Love Us
moving to new locations.
Six companies completed the Center’s 2015
Accelerator Challenge: Convene, IR Diagnostics,
Sioux Falls Daily Specials, VRC Metal Systems and
WeConnect U. Sponsored by Forward Sioux Falls and
GOED through an SBA FAST Grant, the Accelerator
Challenge helped these companies launch their product
or service and grow sales. Participants were awarded
more than $86,000 in funding and two companies,VRC
Metal Systems and Convene, had the opportunity to pitch
for angel investor funding at Innovation Expo. Since the
accelerator inception, 26 participants have received more
than $360,000 in funding.
SDTBC Statistics
Years in Operation . . . . . . . .12 Years on December 31, 2015
Current Tenants . . . . . . . . . . . . 21 Companies, 8 Next Step/
Virtual Clients & 9 Service Providers
Graduate Companies . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 24
Jobs Created through 2014 . . . . . . . . . . . . . . . . . . . 728 FTE
Average 2014 Client/Graduate Employee Salary. . . $69,237
Total Equity Funding Secured through 2014 . . . . $172 million
Patents Awarded through 2014 . . . . . . . . . . . . . . . . . . . . . 65
Patents Pending . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 49
Page 5
2015 Groundbreakings
Hosted by the Sioux Falls Development Foundation
Dublin Square, May 11
Showplace Wood Products groundbreaking hosted by
Lincoln County Economic Development Association,
May 15
Great Life, Orthopedic Institute -D1 Sports Training,
Sioux Falls Specialty Hospital and Sioux Falls Storm
athletic training and fitness complex, June 11
Hidden Hills Apartments, July 7
Southeast Technical Institute automotive repair training
facility, July 21
Sonya Sotomayor Elementary School, July 27
Page 6
During the past year, the Interns in Industry program
awarded 51 scholarships to deserving students who
served internships in partner companies around Sioux
Falls. In its 13th year, the program placed students with
banks, manufacturers, organizations and communications
companies, providing the students hands-on experience
in a potential career field and businesses with excellent
employee candidates. In addition to connecting companies
and students, the Interns in Industry program helps
promote Sioux Falls as a career destination and informs
region newspapers, through stories about the interns, of
the wide range of job opportunities in the Sioux Falls area.
2015 Interns in Industry Statistics:
Feeding South Dakota, September 9
51
internships
offered
Interns from
$25,500
scholarships
awarded
8
states,
1
16
business
partners
foreign country.
ShadowED offers career exploration
Sanford Imagenetics, September 11
One of the best ways for a business to create a pool
of future workers is to showcase available opportunities
to young students. For over a decade, ShadowED, a
Forward Sioux Falls program directed by Development
Foundation staff has placed students in area businesses
for a half day during the school year to explore and
discover the opportunities that exist within that
organization and career field.
The ShadowED coordinator serves as a liaison
between the business and school participants, making
job shadow arrangements a simplified process for both
parties. ShadowED arranges shadow experiences for
approximately 400 students each year. Because of the
program’s success, ShadowED receives strong support
from its 200+ business partners.
Partner High Schools
● Lincoln High School
● New Technology High School
● O’Gorman High School
● Roosevelt High School
● Sioux Falls Christian High School
● Washington High School
More than
students have been afforded
shadow opportunities through the program.
Special Olympics Unify Center, October 14
5,700
200+
387
students 20142015 school year
business
partners
275+
occupational
choices
Page 7
Industrial and Warehouse
Developments
Republic National Distributing’s project in
Sioux Empire Development Park IV.
A-OX Welding Supply Co. Inc. relocated to the former
Dakota Beverage building at 101 North Harlem Avenue
earlier this fall. The facility provides additional room for
the growing company that specializes in industrial
manufacturing and medical gasses.
Ag Growth International purchased land in the Jansmick
Industrial Park for a new Hi Roller production facility.
The 120,000 square foot facility, completed spring 2015,
houses all production and office operations and
represents a nearly $15 million investment. Approximately
30 new jobs were created.
Interstate Office Products constructed a 9,000
square foot warehouse facility in northeast Sioux Falls off
of 60th Street North and Velocity Avenue.
Midwest Motor Express completed a $1.1 million
expansion to their transportation facility at 2807 North
First Avenue in Sioux Empire Development Park III.
Construction is nearing completion on Republic National
Distributing’s new warehouse/office facility at 4101
North Potsdam in Sioux Empire Development Park IV.
The 145,600 square foot facility will provide nearly triple
the space when the company relocates in early 2016 to
the $9 million facility.
Ag Growth International’s Hi Roller production facility.
Dakota Millwork relocated/expanded into the former
Groomer’s Choice facility at 1501 North Industrial Avenue
near the Sioux Falls Regional Airport.
Construction was recently completed on a new 51,000
square foot manufacturing facility along 60th Street North
for Diamond Mowers. Building the new facility allowed
operations to be consolidated into one building.
FedEx, located at 4401 East Producer Lane in Sioux
Empire Development Park VIII, expanded their distribution
facility with a $1.2 million, 18,473 square foot addition.
Global Sterilization and Fumigation, a Nevada-based
business specializing in a natural and organic alternative
sterilization process, purchased the former Dakota
Beverage warehouse. The company renovated the 29,000
square foot facility prior to starting operations earlier this
year. The company created approximately ten jobs.
Groomer’s Choice Pet Products, formerly known as
Senproco, purchased 6.5 acres in the Jansmick Industrial
Park and completed a new 55,000 square foot facility
earlier this year on Northview Avenue. The facility
represents a $6.75 million investment and provides
capacity to double the size of the building in the future.
Page 8
Soukup Construction is in the process of building a
new 30,000 square foot office/shop facility at 725 North
Ebenezer Avenue in northwest Sioux Falls. The company
plans to move into the $6 million facility in March of 2016.
TJN Enterprises opened their new facility on 25 acres
purchased from Xcel Energy along East Rice Street in
September. The new 66,000 square foot facility houses
their expanding metal recycling business. The $10 million
project includes processing operations, storage and office
space. The company, with 40 employees and plans to
hire more, will continue to operate the previous location
as a retail and consumer drop off site.
Western Products opened a showroom at 3809 North
Fourth Avenue in Sioux Empire Development Park I in
March. The North Dakota-based home improvement
company is one of the largest in the Midwest.
Groomer’s Choice Pet Products’ new building in northwest Sioux Falls.
Office, Commercial
& Medical Developments
Construction wrapped-up earlier this year on the new
$5 million hotel located at the Sioux Falls Regional Airport.
The AeroStay includes 79 rooms.
Grocery chain Aldi is opening a store in 23,000 square
feet of the former Big Lots space at 2808 South Louise
Avenue. The store is scheduled to open early 2016.
Avera wrapped up construction on the $25 million Avera
Prince of Peace project earlier this year. The two-story,
121,000 square foot facility replaced the former facility
with private rooms and a wing of assisted living. Avera
McKennan Hospital expanded their NICU to 16,500
square feet with a recently completed $7 million remodel;
and site work is underway on a new clinic that will house
the state’s first free-standing emergency department at
28th and Marion Road.
New senior living facilities on the Avera Prince of Peace campus.
Badlands Pawn, Gold & Jewelry plans to open on
Thanksgiving Day. The $15 million, 55,000 square foot
retail entertainment complex along Russell Avenue
includes a foundry, radio station, deli and shooting range.
Over 20 people will staff the retail and entertainment
venue.
The Bakery opened in a renovated facility at 910
North Main Avenue in May. The building provides
community space to bring students, mentors,
entrepreneurs and businesspeople together.
Iowa-based Bank Midwest entered the
Sioux Falls market in the nearly $2 million
remodeled former Howalt McDowell building
on Minnesota Avenue in July.
The new AeroStay Hotel adds convenience at the regional airport.
Work wrapped up this fall on Co-op Natural Foods’
$1 million expansion and remodel at 18th Street and
Minnesota Avenue.
The Country Club of Sioux Falls, formerly Westward Ho,
broke ground in 2014 on a new 35,000 square foot
clubhouse. The facility was completed summer 2015.
A $5 million, 40,000 square foot training facility for
D1 Sports Training, a franchised concept, is under
construction in partnership with Orthopedic Institute and
GreatLife Malaska Golf & Fitness. The facility is located
on the northwest side of 69th Street and Southeastern
Avenue with completion scheduled for spring 2016.
Construction was completed in April on Dataware’s new
11,300 square foot, $2 million data center. The facility is
located in The Edges office park development near the
I-29 and I-229 interchange. Dataware is a division of
Omnitech.
Marketing firm Epicosity is investing nearly $1.5 million in
the purchase and renovation of the former Good Shepard
facility at 300 North Main. At 10,000 square feet, the
new location will provide triple the space for the growing
firm. Epicosity hopes to move into their new headquarters
by the end of 2015.
Continued on page 10...
D1 Sports Training will bring a wide range
of athletic services to Sioux Falls.
D1 Sports Training
Page 9
Office, Commercial
& Medical Developments
Construction continues on the Evangelical Lutheran
Good Samaritan Society national campus. An 84,000
square foot, two-story office facility called the Ryan
Building is under construction and scheduled for
completion spring 2016. Major remodeling is underway
on the Hoeger Building and the Jerstad Center will
convert to offices as part of the $30 million project. Good
Sam is also building a 32-unit assisted living center on the
Prairie Creek campus scheduled to open summer 2016.
Work continues on the second grocery for Fareway
Stores at the southwest corner of 41st Street and Sycamore
Avenue. The $3 million, 28,000 square foot store is
scheduled to open early 2016, employing up to 80 people.
The first production brewery opened at 1400 East Robur
Drive in northeast Sioux Falls. Fernson Brewing Company
operates out of a 12,000 square foot facility housing a 30barrel brewing system with seating for 95 in the taproom.
Billings-based First Interstate Bank opened a limited
service branch at 4930 South Western Avenue earlier this
year. The branch, with a dozen staff members, offers
residential mortgages and construction loans.
Expansion of the Good Samaritan Society national campus.
By the end of 2015, roughly $20 million will be invested in
area golf courses and fitness clubs through GreatLife
Malaska Golf & Fitness Club, including improvements,
renovations and an addition to Woodlake Tennis & Fitness
Center; a new 16,000 square foot $2.2 million clubhouse
at Willow Run Golf Course, and numerous fitness facilities
throughout the region.
The Bluffs at Willow Run.
Work wrapped up earlier this year on First Savings Bank’s
new facility near 69th Street and Western Avenue. The
$2 million, 14,000 square foot full-service bank will include
room for some of the bank’s corporate staff.
Foundry building in
downtown Sioux Falls.
An $800,000 renovation of The Foundry, the former
Traditions Furniture building in downtown Sioux Falls, into
retail, office and lofts was completed in spring. The facility
houses Duluth Trading Co., one of the area’s newest
retailers, and the headquarters of Cega Innovations.
The first floor of The Plaza, the former CNA building, is
home to the downtown offices of Frontier Bank. Services
at the bank’s second location are provided by six staff
members. Pappy’s The Original coffee shop also opened
earlier this year on the first floor along with WoodGrain
Brewing Co.
Page 10
Historic Towne Square is the name of the new
development encompassing the former School for the
Deaf complex on East 10th Street. The development will
house the corporate offices of Wheel City Auto in
remodeled facilities; with plans for renovated apartments,
a new strip mall and additional housing units in the works.
Construction continues on Journey Group’s new $5 million
headquarters facility at 58th and Solberg Avenue in the
Interstate Crossings office park. Employees will move into
the 22,000 square foot, two-story building early 2016.
Journey Group’s new headquarters building.
The Marketplace at Lake Lorraine, a 130-acre
development, is home to Sioux Falls Lighthouse and
The SandBar which opened earlier this year. The lighting/
home furnishing store, and beach-themed restaurant,
were joined by Mainstream Boutique and Cornerstone
Eye Clinic. The development will include Grand Living,
a 200,000 square foot, 156-unit senior living, assisted
living and memory care complex on 8.5 acres scheduled
for completion in 2017.
Metabank leased additional space at 6009 South Sharon
Avenue for their growing business with plans to create 50
new jobs.
The former Illinois Central Roundhouse at Fifth and
Weber is undergoing renovations and an addition, and
will be home to the architecture and interior design firm
Perspective. The facility will provide additional space for
the firm to grow as well as studio space for their artist-inresidence program.
Earlier this year, construction started on a new two-story
office building in the Three Fountains development near
85th Street and Western. Developer RMB Associates
will relocate offices to the 31,000 square foot facility as
will Paradigm Construction. Construction will wrap up
summer 2016 on the $4-5 million facility.
The Marketplace at Lake Lorraine
is home to a number of new businesses.
The Shoppes at Dawley Farm Village development,
located near Arrowhead Parkway and Highway 11,
features a 50,000 square foot, $6.6 million Burlington
store that opened in May creating 65 new jobs. A newly
constructed 15,000 square foot retail center will house
new tenants including Massage Envy, Olive Destination,
The Barbershop, Mainstream Boutique, Perfect 10
Nail & Beauty Bar and AT&T.
TownePlace Suites, a 92-room hotel at 6400 South
Connie Avenue just south of 69th and Louise, recently
opened.
Walmart broke ground earlier this year on its fourth
Sioux Falls store at 85th and Minnesota Avenue. The
$10+ million, 185,000 square foot facility is scheduled to
open early 2016. In addition, the eastside Walmart
underwent a three-month renovation.
A new $3+ million office building for Zuercher
Technologies was completed earlier this year in the
Interstate Crossings office park. The nearly 29,000 square
foot facility more than doubled the company’s space with
potential for future expansion.
■■■
The Edith Sanford Breast Center rises on the main Sanford campus.
Construction continues along 18th Street on the
$30 million, 48,000 square foot Edith Sanford
Breast Center on the Sanford campus, and
ground was broken in September on Sanford
Imagenetics. The 100,000 square foot, threestory facility will house various clinics, labs and
research programs in addition to space for
patient and community education. Both facilities
should wrap up construction in 2017.
Zuercher Technologies in the Interstate Crossings office park.
Page 11
Other Developments
The Froiland Science Complex
at Augustana University.
4D Design & Consulting (West 57th Street); 9 Clouds expansion
(Downtown), 9Round Fitness & Kickboxing (26th & Ellis Road);
A-Team Training (Minnesota Avenue); Advanced Engineering &
Environmental Services (57th Street); American State Bank
(Downtown); Antiques on Old 8th (Downtown); Big Rig BBQ
(Meadows on the River); Bogtrotters (Downtown); Burger King
(60th Street North & I-29); Caribou Coffee/Einstein Bagels (East
10th Street, 41st Street, Minnesota Avenue, Louise Avenue);
The Barbershop (49th & Louise); The Clothing Agency for Men
(Western Mall); CPM Fitness (Downtown); EAPC (9th & Minnesota), Escape Float Spa (West 49th Street); Fiero Fire Chicken
& Fiero Pizza (41st Street); Filly Flair Boutique (Pinnacle Place);
Five Guys Burgers and Fries (49th & Louise); Futurescape 3D
Solutions; GameStop (Arrowhead Parkway); Gateway Food &
Lounge renovation (41st Street); Gil Haugan Construction addiAugustana University - Froiland Science Complex, $35 million,
tion/remodel (East 60th Street North); Gilberto’s Mexican Taco
41,000 square foot addition/renovation of the current
Shop (Minnesota Avenue); Heidi’s Decor & More (Western Mall);
science center
HobbyTown (Park Ridge Galleria); The Hockey Headquarters
Catholic Diocese of Sioux Falls - $3.6 million Bishop Dudley
(Sanford Sports Complex); Hydra Beer Cos. (Meadows on the
Hospitality House
River); HyVee renovations (Minnesota Avenue, East 10th Street,
City of Sioux Falls - $5 million Elmwood Golf Course renovation;
57th Street, Louise Avenue, West 10th Street); J.H. & Sons
Midco Aquatic Center; Southern Vistas Park; Prairie Hills West
(Downtown); J. Ella Boutique (Bridges at 57th); The Jacket Zone
Neighborhood Park; $1.16 million in improvements to Bryant,
(41st Street); Jacky’s Restaurant (Benson Road); JL Beers
Burnside, Lacey, Tower Parks & Beadle Greenway;
(Western Avenue); The Keg (West 12th Street); KoKo FitClub
$31.5 million in sewer upgrades; Fire Station #11; Great Bear
(41st & Sycamore); Lemonly (DownRecreation Park improvements;
town); MacKenzie River Pizza, Grill &
Bike Trail
The Midco Aquatic Center currently
Pub (Downtown); Marco Pizza (41st
DakotaAbilities Longfellow Center under construction in Spellerberg Park.
& Sycamore); Mathnasium (Bridges
$2 million renovation of former
at 57th); Miller Funeral Home (81st &
Longfellow Elementary
Minnesota); Modtro (Downtown);
Good Earth State Park at Blood
Moe’s Southwest Grill (41st &
Run - continuing development of
Western); Ode to Food & Drinks
the 588-acre state park
(Eastbank Downtown); Panda
Feeding South Dakota - $3.9 million,
Express (Arrowhead Parkway);
50,000 square foot facility on
Pandora (Empire Mall); Pella
6 acres
Windows & Doors (85th & Western);
Habitat for Humanity - $1.4 million,
PizzaRev (49th & Louise); Play It
20,000 square foot ReStore
Again Sports relocation/expansion
expansion
(Western Avenue); Red Robin (Empire Mall); Reliabank Dakota
Harrisburg School District - New $11 million elementary school
(West 57th Street); Robins Kaplan (Downtown); S.H.U.E.S.
Huether Family Match Pointe - $3.8 million, 50,000 square foot
(Downtown); Say Anything Jewelry (Downtown); Silverstar Car
tennis facility at the Sanford Sports Complex
Wash (26th & Sycamore); Stan’s Clean-A-Can; TEKsystems
SculptureWalk - 55 new outdoor sculptures exhibited throughout
(Bur Oak Place); Tokyo Japanese Cuisine (26th & Sycamore);
downtown Sioux Falls
Toppers Pizza (Minnesota Avenue); U-Haul remodel (West 10th
Sioux Falls Area Humane Society - $1.2 million addition/remodel
Street); Unglued (Downtown); Uptown Events expansion
Sioux Falls Regional Airport - $12.8 million project to include
(Downtown); Urban Archaeology (Downtown); Verizon Store
elevator/escalators, additional security checkpoint lanes and
(41st Street); Woofs & Waves (Arrowhead Parkway); Worldwide
office relocation; meditation/yoga area
Skate & Snow Shop (Downtown); Zing Interiors (41st Street);
Sioux Falls School District - $8 million Susan B. Anthony
Z’Mariks Noodle Café (Minnesota Avenue).
Elementary; $5 million Eugene Field A+ Elementary addition;
$11 million Sonia Sotomayor Elementary Spanish immersion
school
Southeast Technical Institute - $21 million new facility for
expanding auto tech and diesel programs
Susan B. Anthony Elementary School.
Special Olympics - $2.1 million, 16,000 square foot Unify Center
Tea Area School District - $5.2 million Frontier Elementary School
Trail Ridge Retirement Community - $12 million, 40-unit assisted
living facility includes a wellness center, pool and kitchen; remodel of the former assisted living facility into a memory care unit
Veterans Affairs Medical Center - Women’s health center;
patient/bathroom remodel; new operating rooms
VOA - Dakota’s - Cairn Campus, $1.5 million addition/remodel
YMCA - Part of facility converted to 52 affordable housing units
Quality of Life Developments
Page 12
Regional Developments
Ribbon cutting ceremonies were held at the new three-story,
47-room hotel in Hartford, the community’s first. The AmericInn
opened earlier this year.
Badlands Motor Speedway, formerly Huset’s, is investing
$6 million in speedway restorations, concessions, restroom and
grandstand refurbishing at their facility near Brandon. Badlands
plans to host additional races as well as concerts when complete.
C&C Manufacturing purchased one acre in the Corson Development Park and constructed a new 8,000 square foot facility.
Carl V. Carlson constructed the new 20,000 square foot
Cemcast facility near Hartford to accommodate expanded
services and the addition of pre-cast concrete pipe manufacturing.
The company broke ground in May 2014 on the $5 million
manufacturing plant and was fully operational earlier this year,
adding approximately 20 new positions.
Cemcast Pipe & Precast near Hartford.
Carolan Rental expanded to a new 14,000 square foot
showroom in the Harrisburg Industrial Park. The new facility
provides additional room for the growing business.
Construction wrapped up on a $35 million dairy in Lincoln
County west of I-29 and the Viborg Exit. Dakota Plains Dairy
will be able to house 4,250 dairy cows and employ 35.
Dakota Traffic Services moved into a new $1 million, 10,000
square foot facility in the new Tea industrial park over the summer.
G.A. Johnson Construction moved to a new $1 million
office/warehouse facility on Highway 115 between Sioux Falls
and Harrisburg.
GrandStay Hotel & Suites
opened a 50-suite hotel in June. The three-story
hotel in Tea includes a pool, meeting room and bar.
Leeco Steel purchased eight acres in the Corson Development
Park for a new 58,000 square foot steel distribution center that
recently came on line.
Canton-based Legacy Electronics Inc. purchased their facility
and expanded their footprint to 42,000 square feet. The company
plans to add workers over the next three years.
Lone Star Enterprises, Inc., moved to a new 10,000 square
foot facility in the Regional Livestock development located on
Highway 18 at the Canton/I-29 exit.
Marmen Energy purchased another 25 acres in the Brandon/
Corson Development Park to provide room for additional wind
tower storage.
Rosenbauer America constructed 22,000 square feet of
additional space to assist with their growing global fire-truck
manufacturing business. With the expansion, the company plans
to add 30 new hires over the next few years. The facility and
additional equipment represent a $2.5 million investment in Lyons.
Showplace Wood Products added a 60,000 square foot,
$10 million, stand-alone manufacturing plant on their Harrisburg
campus to provide production space for their new Evo product
line. The expansion will create 30-100 new jobs. In addition,
Showplace Kitchens nearly doubled their Harrisburg showroom
with a 5,000 square foot addition.
Weisser Distributing purchased the former Dakota Millwork
space in Tea for their automotive supplies distribution center.
The 40,000 square foot facility provides more than triple the
space for the growing firm that plans to add a dozen employees.
The new Leeco Steel building.
Space and deadline constraints do not allow us to list all developments.
Page 13
International Trade
The South Dakota International Trade Center
provides export/import consulting services and
assistance to businesses in regards to international law,
logistics, freight and insurance rates, compliance,
documentation, foreign and domestic rules and
regulations, foreign currency exchange rates, foreign
and domestic duties and taxes, etc. The ITC hosts a
number of educational seminars each year and live
streams the events. As a primary resource center, the
ITC staff administers the State’s two Foreign Trade
Zones and acts as a liaison between client businesses
and over 60 U.S. government agencies to resolve
issues and answer questions that may arise.
The SDITC was established through a partnership
between the Governor’s Office of Economic
Development, U.S. Small Business Administration,
Small Business Development Center, Sioux Falls Area
Chamber of Commerce and the
Sioux Falls Development
Foundation.
2015 ITC Statistics:
100+ 600+ 550+
clients
assisted
4
seminars
conducted
exporting
companies
276
seminar
attendees
importing
companies
2
foreign
delegations
hosted
Did you know?
15%
82%
of all SD jobs are related to exporting
of SD exporters are small businesses
Manufacturing accounts for
Top trading partners:
Canada
Mexico
Saudi Arabia
Belgium
92%
China
Japan
Korea
Australia
of SD exports
Brazil
Germany
Israel
In 2014, SD exported nearly
in value-added agriculture products and manufactured
goods; not including grains and livestock.
$1.6 billion
Page 14
Spirit of Sioux Falls Award
The Spirit of Sioux Falls Award is given annually
to a person who has demonstrated leadership and
commitment to the economic growth and development
of our community. The
1994 Al Schock
award honors the memory
1995 Russ Greenfield
of David Birkeland, Angus
1996 Lyle Schroeder
Anson, and Roger Hainje
1997 Curt Kuehn
who perished in the plane
1998 Charlie Kearns
crash along with Governor
1999 Gary Olson
George Mickelson and
2000 David Christensen
other state officials and
2001 Jack White
staff in April of 1993.
2002 Tony Bour
2003 Linda Barker
2004 Steve Kirby
2005 Governor
Mike Rounds
2006 Tom Everist
2007 T. Denny Sanford
2008 Mark Griffin
2009 Jim Wilcox
2010 Steve Crim
2011 Steve Egger
2012 Sylvia Henkin
2013 Larry Ritz
© Korczak,
2014 Dale Froehlich
Sculptor
Spirit of Sioux Falls Scholarships
Each year the Sioux Falls Development Foundation
awards up to four Spirit of Sioux Falls Scholarships to
Sioux Falls residents or students who have completed at
least one year of post-secondary work in business-related
areas of study. The scholarships were established by the
Sioux Falls Development Foundation in 1993 to honor
the memory of Roger Hainje, Angus Anson and David
Birkeland, Sioux Falls business and economic
development leaders.
Four students have been chosen to receive the 2015
Spirit of Sioux Falls Scholarship to continue their postsecondary business education. The winners of this year’s
$2,500 scholarships are:
Taylor Salava, Augustana University, majoring in
business administration and exercise science.
Sarah Reardon, University of Sioux Falls, majoring in
accounting and business administration.
Abbey Burtic, University of Minnesota, majoring in
marketing.
Jessica Schmitz, Augustana University, majoring in
business administration and computer science.
Staff Members
Sioux Falls Development Foundation
Regional Development
Slater Barr, President
Dean Dziedzic, Vice President
Mary Medema, Director of Workforce Development
Karen Ruhland, Director of Research & Communication
Services
Rock Nelson, South Dakota International Marketing Director
Diane Andresen, Manager of Administrative &
Membership Services
Mary Archer, Administrative Assistant
Linda Rodman, ShadowED Coordinator
Nick Fosheim, Executive Director of Lincoln & Minnehaha
County Economic Development Associations
South Dakota Technology Business Center
Rich Naser, Jr., President
Tom Stengrim, Vice President
Abby Parker, Client Care Specialist
Andy Jorgensen, Entrepreneur in Practice
Ryan Hultgren, Entrepreneur in Practice
Ryan Oines, Entrepreneur in Practice
2015 Accolades: What the nation is saying about Sioux Falls
Top Up-and-Coming
City for Recent
College Grads
— ZipRecruiter
10th best
place to live
3rd best mid-sized
city for women in
the workforce
— NerdWallet
— Thrillist
24th hardest
working city in America;
labor force participation
rate of 83.17%
6th best city
to start a business
5th best city for
families in the U.S.
— WalletHub
8th best city
to start a family
— DatingAdvice.com
— POLICOM
— Trivago.com
3rd most
mid-sized
livable city
— AARP
4th best
city to
find a job
— WalletHub
5th best city to
work from home
— BroadbandNow
One of America’s
50 most innovative
tech hubs,
ranking 32nd
Nation’s 7th best
minor league
market
— Sports Business Journal
— AARP
— Forbes
— Fodor’s Travel Guide
Ranked
5th best 2016
U.S. Best
Value City
Ranked downtown
Sioux Falls one of
10 Most Livable
Neighborhoods
3rd Best Small
Place for Business
and Careers
Bike Trail rated third
best in the nation
— NerdWallet
— WalletHub
8th in 2015
Economic
Strength
Ranking
— WalletHub
— Livability.com
“the best small
city in America
you haven’t
been to”
— WalletHub
4th lowest rate
of foreclosure and
percent of
credit usage
9th best
city to start
a career
— WalletHub
Top 10 metro area
for economic vitality
— Stateline -The Pew
Charitable Trusts
Ranked 4th best
job market
— ZipRecruiter
5th best city in
the U.S. for working
seniors
— smartasset.com
24th Best-Performing
City where America’s
jobs are created
and sustained
— Milken Institute
One of
America’s
100 Leading
Locations
— Area
Development
Page 15
South Dakota 2015 Accolades
1st in Small Business Tax Index
2015: Best State Tax System for
Entrepreneurship and Small
Business
3rd best on the list of Best &
Worst States for Taxes
5th highest financial
well-being in the nation
— Small Business &
Entrepreneurship Council
Your money goes farther—
3rd best ranking
6th most money-savvy state
— U.S. Chamber of Commerce
Foundation
Ranked 3rd in the 2014 State of
American Well-Being Index &
3rd in Well-Being Rankings for
Older Americans
Best state in the nation for
business climate, and 4th for
talent pipeline
“America’s most underrated
state”
— Thrillist
2nd best overall in their
business tax climate index with
the 3rd least state/local tax
burden in the U.S.
— Tax Foundation’s 2015
Facts & Figures
3rd best state in the nation in
terms of fiscal condition
— Mercatus Center
— Forbes
— Tax Foundation
— Gallup Healthway’s
3rd best state for homeowners
— SmartAsset
4th most tax-friendly state for
retirees
— MarketWatch
4th best over-all state; ranking
1st in fiscal freedom, 2nd in
health care freedom and 3rd in
regulatory freedom
— Financial Freedom Index John Locke Foundation
200 N. Phillips Ave. #101
— Gallup-Healthways
— GOBankingRates.com
8th best hiring climate
— Gallup Job Creation Index
9th best state for business and
careers
—Forbes
9th most tax-friendly state
for retirees
—Kiplinger
9th best state for drivers—low
car-theft rates and insurance
premiums, short commute times
— Bankrate.com
America’s 11th Top State for
Business 2015
— CNBC
●
P.O. Box 907
605.339.0103
●
●
Sioux Falls, SD 57101
Toll Free 1.800.658.3373
www.siouxfallsdevelopment.com
The Sioux Falls Development Foundation would like to thank Xcel Energy for their support of the 2015 Annual Meeting.
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